Commodities Outlook: Empires Depend on Cheap Energy

U.S. debt and inflation are creating systemic risks for bonds, banks, and global supply chains, threatening economic stability.

Cheap energy is the critical foundation for economic stability, and foreign policy failures in the Persian Gulf are jeopardizing energy security.

Investors should remain bullish on gold, silver, and hard assets as confidence in paper markets and fiat currencies continues to erode.